ACO Commercial Arranges Sale of Lincoln Avenue Retail Property to All-Cash Buyer

CHICAGO, ILLINOIS – Thursday, February 12, 2015

ACO Commercial is pleased to announce the sale of 5767-5775 N. Lincoln Avenue in Chicago’s West Ridge Neighborhood.  The property consists of 5,545 SF of single-story retail on a 6,400 SF land parcel.

George J. Toscas, Executive Vice President arranged the sale of the site on behalf of a West Coast private equity firm.   At the time of sale, the property was vacant, with significant deferred maintenance.  ACO identified a user for the property, who closed the transaction on an all-cash, as-is basis.  The sale represented a price per foot of $54.10.

ACO Commercial specializes in the sale of commercial and investment real estate throughout the Midwest.